AIRWELL : Invest Securities remains 'buy' following sales figures
"The disappointment on the international front (-34%) is fully offset by the faster-than-expected normalization of the French overseas departments and territories and, above all, the excellent performance in France (+37% like-for-like)", the analyst points out.
The latter figure confirms the soundness of our strategy based on a differentiated offering and the absence of exposure to the new housing market", continues Invest Securities, which is marginally adjusting its 2023-25 sales estimates, with no impact on earnings.
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